Brent and WTI spot prices are now lower than they were before the surprise from OPEC. The cartel yesterday surprised markets with a recommendation to cut oil production quotas by 100,000 BPD from October. The move is small but symbolic. It is the opposite of what the US president had demanded when flying to Saudi […]
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Intel just delivered one of the most surprising earnings beats in the semiconductor sector this year. Revenue came in at $13.58 billion, well above the $12.32 billion analysts had expected. EPS hit $0.29, beating the Read more…
The Israel-U.S. war with Iran is proving to be frustrating. Not just for the combatants or the politicians. Just ask any motorist who has to fill a gas tank regularly. GasBuddy’s daily report on gas Read more…
Cathie Wood, head of Ark Investment Management, often takes advantage of market swings. That’s what she just did, selling shares of a semiconductor stock after it jumped 25% in a week. Last year, Wood’s flagship Read more…